The Modi government has reduced the allocation of Rs 10,000 crore for the year 2021-22 under the PM Kisan Samman Fund. Finance Minister Nirmala Sitharaman, who briefed Parliament on the matter, said the decision was taken as the list of small and marginal farmers in West Bengal was not given. Regarding the MNREGA, he said the funds allocated under it have increased in the government.
PM Farmer: Make mistakes now, otherwise you won’t get the 8th installment
Allegations of crony capitalism are baseless
Rejecting the allegation that the Modi government has compromised with capitalists, the finance minister said, “Cooperative capitalism, the construction of roads in villages, electricity in every village, money in small farmers’ accounts is baseless. It is not the poor. It is often said that opposition to the Modi government is in agreement with industrialists such as Adani-Ambani.
Budgetary provisions promote self-sufficient India
He said that the provisions in the budget were meant to promote self-reliant India. The budget will focus on maintaining sustainable economic growth in the medium and long term with immediate support. Digging up the opposition, he said that despite our government’s plans for the betterment of the common people, the opposition is creating a false story that the government is working for powerful capitalists. Accounts are features of the budget. Budget stimulus provisions for economic revival and reforms during the epidemic were on the path to growth.
The government has not reduced the defense budget
To say that the government has reduced the defense budget is not fact-based, he said. He said more than 18 per cent of this year’s budget was spent on defense spending. The finance minister said the previous budget allowed for the disbursement of a Rank One Pension Scheme, which is not needed this time.
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